Day: December 3, 2017

Marvell Technology Group (NASDAQ: MRVL) recently announced it had entered a definitive agreement with Cavium (NASDAQ: CAVM) to merge operations. Share prices of both companies immediately shot higher, making for a very happy Thanksgiving week for investors. The deal also continues a positive trend in the semiconductor industry that could continue for some time. Data by YCharts. Details of the...
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On this Market Foolery podcast, host Chris Hill and Motley Fool Total Income ‘s Ron Gross start by taking the pulse of retail, which appears broadly healthy at the moment — both traditional and e-commerce. News from Costco (NASDAQ: COST) , Gap (NYSE: GPS) , Michaels (NASDAQ: MIK) and others has been making investors smile. Even the news from Sears Holdings...
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TransCanada ‘s (NYSE: TRP) Keystone pipeline has been making headlines for a decade now. This week, the XL pipeline gained a 3-2 approval to run through Nebraska. In this week’s episode of Industry Focus: Energy and Industrials , analysts Sarah Priestley and Taylor Muckerman talk about what this approval could mean for TransCanada, and what big issues the company still...
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World Wrestling Entertainment (NYSE: WWE) finds itself stuck between two worlds. The company has been a pioneer when it comes to digital delivery, but it’s still reliant on its cable deal with Comcast (NASDAQ: CMCSA) for about a third of its total revenue. The challenge for the company is that growth for its streaming network looks hard to come by...
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Countries around the world are bringing marijuana out of prohibition, and the legalization trend shows no sign of slowing down. In this week’s episode of Industry Focus: Healthcare , Kristine Harjes interviews Bruce Linton, the CEO of Canopy Growth Corporation , the biggest marijuana pure play on the market, about some of the most exciting and challenging parts of running...
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Himax Technologies ‘ (NASDAQ: HIMX) third-quarter results turned out to be a mixed bag when the company reported on Nov. 9. The chipmaker beat Wall Street’s estimates thanks to rising demand for its wafer-level optics (WLO) technology that’s used to enable 3D sensing functions. However, weakness in other areas of the business led to tepid fourth-quarter guidance. Still, the stock continues...
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On Thursday, Sears Holdings (NASDAQ: SHLD) released another dreadful quarterly earnings report. Revenue plunged 27.2% to $3.66 billion, driven by a massive number of store closures and a 15.3% comp sales decline. Sears Holdings stock still rose, as management said it had completed a $1.25 billion cost-cutting initiative ahead of schedule, leading to some modest earnings improvement. However, without a...
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E-commerce solutions provider Shopify (NYSE: SHOP) recently announced that it processed over $1 billion in gross merchandise volume (GMV) on its platform from more than 500,000 merchants in 175 countries during the extended Black Friday and Cyber Monday weekend. During its peak, Shopify merchants were processing more than $1 million in transactions per minute, and mobile sales accounted for 64% of...
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Coming into 2017, expectations were high for Chipotle Mexican Grill, Inc. (NYSE: CMG) . The company had put the E. coli crisis behind it and comparable sales were set to jump following a sharp dive last year. However, while the year started off well enough, with Chipotle stock up more than 30% at one point in May, it’s now down...
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Cloud computing is big business. Public cloud spending is expected to grow 18% year over year to an estimated $260 billion in 2017, according to market research company Gartner . That growth is expected to skyrocket to $411 billion by 2020. Gartner states that the growth in cloud computing will be driven by “the migration of infrastructure to the cloud...
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